The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
KNSA · Healthcare · Shallow moat
Doesn't clear the bar
| Measure | PTCT | RIGL | KNSA | FTV |
|---|---|---|---|---|
| Moat Score (0–100) | 55 (highest) | 55 (highest) | 55 (highest) | 55 (highest) |
| Pricing power | 100 (highest) | 99 | 96 | 90 |
| Returns on capital | 0 | 8 | 4 | 12 (highest) |
| Balance-sheet safety | 100 (highest) | 92 | 100 (highest) | 66 |
| Capital discipline | 24 | 24 | 24 | 56 (highest) |
| Margin of safety | No price data | No price data | 2690% above value | 55% above value (highest margin of safety) |
| Market cap | $6.4B | $742.3M | $5.1B | $19.4B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |